Did you search asset base business plan looking for information on how to treat your existing assets in the preparation of a business proposal to obtain expansion capital? Your hard assets are most likely among some of the best arguments in favor of your company's ability to offer collateral for a loan, so any proposal to a bank that seeks a new line of credit or an expanded round of financial support should itemize the assets in detail. Provide schematics, purchase information, history, and depreciation details as necessary. Depending on the asset, it might be wise to explain how it fits into your operation (as with capital equipment in a production line integral to your products). No matter what you do with the assets though, remember that that business plan needs to answer these points:
• What is the purpose of the business proposal?
• What funding is required and how will it be used?
• What is the timeline for repayment?
• What is the equity share scenario for new partners, if any?
• What risks does the business face going forward?
The business plan asset base also needs to do into detail about the operation to date – how has it performed, what sort of contracts has it won, and what are the shortcomings to operating the way it does, if any? Your plan needs to have a risk analysis and a forward-looking pro forma that models out at least three years of operations (if you are presenting at a bank) or five years (for an investment of new capital from outside). The model should include a break-even point, revenue forecast, profit and loss statement, cash flow, and a balance sheet for the life of its projections. The team at MasterPlans can write this plan for you – call us today at 877-453-2011 to talk about your asset base business plan or any other planning questions where you might need expert help.
